Money Monday: Steps to Safer Mobile Banking

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Steps to Safer Mobile Banking

If you own an iPhone, BlackBerry or other smart device, you may be accustomed to transferring funds or checking your bank balance at the tip of your fingertips. Last year 32.5 million Americans accessed mobile banking information on their smartphones, according to research company comScore Inc. The numbers continue to increase, but just how safe is mobile banking? BET.com breaks down steps Bankrate.com suggests will lead to safer mobile banking. —Danielle Wright